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Induct - Granting of Share Options

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The following primary insiders have been granted share options:

Even Nordstrøm (Chairman), 35,000 options at an exercise price of NOK 20 per share, whereof 50% is vested in September 2017 and 50% in September 2018. After this grant Even Nordstrøm holds 13,024 shares through Even Nordstrøm AS and 35,000 share options in Induct AS.

J. Robin Waaler (Board Member), 35,000 options at an exersice price of NOK 20 per share, whereof 50% is vested in September 2017 and 50% in September 2018. After this grant J. Robin Waaler holds 70,450 shares and 35,000 share options in Induct AS.

Øivind O. Magnussen (Board Member), 35,000 options at an exercise price of NOK 20 per share, whereof 50% is vested in September 2017 and 50% in September 2018. After this grant Øivind O. Magnussen holds zero shares and 35,000 share options in Induct AS.

Audun Wickstrand Iversen (Board Member), 35,000 options at an exercise price of NOK 20 per share, whereof 50% is vested in September 2017 and 50% in September 2018. After this grant Audun Wickstrand Iversen holds 71,619 shares through Naben AS and 35,000 share options in Induct AS.

Karl Kristian Mydske (COO), 35,000 options at an exercise price of NOK 20 per share, whereof 50% is vested in September 2017 and 50% in September 2018. After this grant Karl Kristian Mydske holds 290,080 shares through Nikama AS and 35,000 share options in Induct AS.

Åge Muren (CFO), 35,000 options at an exercise price of NOK 20 per share, whereof 50% is vested in September 2017 and 50% in September 2018. After this grant Åge Muren holds 192,125 shares through Key Partners AS and and 35,000 share options in Induct AS.

Kim Hamli (Sales Director), 35,000 share options at an exercise price of NOK 20 per share, whereof 50% is vested in September 2017 and 50% in September 2018. After this grant Kim Hamli holds 300,680 shares and 35,000 share options in Induct AS.

Kenneth Ramberg (CTO), 35,000 share options at an excercise price of NOK 20 per share, whereof 50% is vested in September 2017 and 50% in September 2018. After this grant Kenneth Ramberg holds 50,000 shares and 35,000 share options in Induct AS.